Which of the Following Are Valid Reasons Advanced by Almost

question 67

Multiple Choice

Which of the following are valid reasons advanced by almost all economists? Protection

• A)saves jobs.
• B)prevents rich countries from exploiting developing countries.
• C)is a good way for governments in developed nations to raise revenue.
• D)penalizes lax environmental standards.
• E)Economists would not support any of the above reasons.

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Definitions:

Concentration Strategy

A business approach focusing on a single line of products or services to achieve competitive advantage and growth.

Business Area

A specific domain within an organization or market where distinct products or services are developed, marketed, and managed.

Industry Environmental Factors

External influences that affect an industry’s performance, including economic, technological, legal, and socio-cultural elements.

Resource Suppliers

Entities or individuals that provide the essential materials, equipment, or services required by an organization to conduct its operations.